Introduction to Enterprise Asset Management (EAM)

• Basic understanding of asset management
• Experience in business operations and maintenance

Audience

• Asset management administrators
• Operations managers
• Project managers

Enterprise asset management (EAM) is the use of software and services to operate and maintain an organization's assets, equipment, and infrastructure. EAM optimizes the utilization of assets throughout their lifecycle.

This instructor-led, live training (online or onsite) is aimed at asset management administrators, operations managers, and project managers who wish to plan, implement, manage, and monitor an asset management system in their organizations.

By the end of this training, participants will be able to:

• Explore various EAM solutions to choose the best software that suits business objectives and needs.
• Design a lifecycle plan to build an efficient asset management system.
• Use EAM software capabilities to manage people, inventory, and operations.
• Monitor finances and performance to generate useful insights for the business.

Format of the Course

• Interactive lecture and discussion.
• Lots of exercises and practice.
• Hands-on implementation in a live-lab environment.

Course Customization Options

• To request a customized training for this course, please contact us to arrange.

Introduction

Overview of Enterprise Asset Management

Comparing EAM with Computerized Maintenance Management System (CMMS)

Understanding the Importance of Using an EAM Solution

Exploring Existing EAM Tools and Solutions (IBM Maximo, SAP EAM, Oracle eAM, Upkeep, etc.)

Choosing the Right EAM Software for the Organization

Developing an Asset Management Lifecycle Plan

Implementing a Comprehensive Maintenance Plan

Establishing a Centralized Asset Information System

Managing Inventory/Maintenance, Repair, and Operations (MRO)

Managing People, Training, and Schedules

Dealing with Service Agreements and Contracts

Reporting Financial Activities and Project Spending

Monitoring Performance, Metrics, and Analytics

Integrating with Existing Applications and Systems

Learning About Asset Management Best Practices

Summary and Conclusion